FEGLI and Beyond: Keeping Up with Your Mid-Career Life Insurance Needs
Does life insurance coverage from FEGLI make sense for federal employees in the middle of their careers?
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Does life insurance coverage from FEGLI make sense for federal employees in the middle of their careers?
Reports have surfaced that President Trump intends to try to stop the TSP from making a planned change to the I Fund.
Another lawmaker has introduced a bill to try to stop the TSP’s I Fund from investing in Chinese companies.
The stock market has been volatile and stock funds have been dropping in value. How have TSP investors reacted so far?
The CARES Act allows hardship withdrawals from retirement plans, but it isn’t clear if the TSP will allow them for federal employees.
The Office of Personnel Management has issued a memo outlining when federal employees can qualify for emergency paid sick leave due to the coronavirus.
The IRS is urging certain federal benefits recipients to act quickly to ensure they are eligible to get additional stimulus payments quickly.
Good news for TSP investors: The TSP stock funds have started to bounce back from the stock market’s low point in March.
The IRS has announced that VA benefits recipients will automatically get coronavirus stimulus payments.
Federal employees may have seen their TSP balances drop recently, but the author offers advice on how to maintain a calm, long-term perspective.